Micro, Small, and Medium-sized Enterprises (MSMEs) play a vital role in an economy, particularly in providing necessary goods, services, and employment opportunities for citizens.

On MSME Day, Danny Meyer, Director of SMEs Compete, addressed the importance of government officials being more supportive of the SME sector.

Meyer emphasizes that these smaller businesses are crucial for job security and national wealth. However, bureaucracy and a lack of communication between government departments and ministries often hinder their operations and prevent them from thriving.

The Nakayale Vocational Training Centre, in collaboration with the Ministry of Mines and Energy, Namcor, Petro Fund, and the Namibia Training Authority, organised a stakeholder engagement at Nakayale VTC in the Omusati Region.

The event was held under the theme "Exploring TVET's Role in Skills Development for the Oil and Gas Industry.

It aimed at offering valuable insights into the oil and gas industry and enhancing the participants' understanding of how they can position themselves to respond effectively to Namibia's talks about the discovery of oil in the country.